| Isaac A. Clark - Arithmetic - 1846 - 218 pages
...on the balance of the principal remaining due. If the payment be less than the interest, the surplus interest must not be taken to augment the principal;...interest continues on the former principal until the perioj when the payments taken together exceed the interest then di:e, and then the surplus goes towards... | |
| James Bates Thomson - Arithmetic - 1848 - 434 pages
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. III. "If the payment be less than the interest, the surplus...due, and then the surplus is to be applied towards discJiarging the principal ; and interest is to be computed on the balance as aforesaid." Note. —... | |
| Thomas Rainey - Arithmetic - 1849 - 334 pages
...and the subsequent interest is to be computed on the balance of the principal remaining due. III. " If the payment be less than the interest, the surplus...interest due, and then the surplus is to be applied toward discharging the principal ; and interest is to be computed on the balance as aforesaid." A.... | |
| George Roberts Perkins - Arithmetic - 1849 - 356 pages
...principal, and the subsequent interest is to be computed on the balance of the principal remaining due. If the payment be less than the interest, the surplus...until the period when the payments, taken together, equal or exceed the interest due, and then the surplus is to be applied towards discharging the principal... | |
| Thomas Rainey - Arithmetic - 1849 - 320 pages
...; and the subsequent interest is to be computed on the balance of the principal remaining due. III. "If the payment be less than the interest, the surplus...to augment the principal ; but interest continues en the former principal until the period when the payments, taken together, exceed the interest due,... | |
| George Roberts Perkins - Arithmetic - 1850 - 356 pages
...principal, and the subsequent interest is to be computed on the balance of the principal remaining due. If the payment be less than the interest, the surplus...until the period when the payments, taken together, equal or exceed the interest due, and then the surplus is to be applied towards discharging the principal... | |
| George Roberts Perkins - Arithmetic - 1851 - 356 pages
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not IK; taken to augment the principal; but interest continues on the former principal until the period... | |
| John Fair Stoddard - Arithmetic - 1852 - 320 pages
...principal, and the subsequent interest is to be computed on the balance of the principal remaining due. If the payment be less than the interest, the surplus...payments taken together exceed the interest due, and then t/te surplus is to be applied towards discharging the principal ; and interest is to be computed on... | |
| Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1891 - 780 pages
...principal, and the subsequent interest is to be computed on the balance of the principal remaining due. If the payment be less than the interest, the surplus...interest must not be taken to augment the principal, but the interest continues on the former principal until the period when the payments, taken together,... | |
| Commerce - 1852 - 780 pages
...principal, and the subsequent interest is to be computed on the balance of principal remaining due. If the payment be less than the interest, the surplus of interest must not bo taken to augment the principal ; but interest continues on the former principal until the period... | |
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